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Bitfury launches “Bitfury Lab” in Business and Technology University (BTU)

Bitfury launches “Bitfury Lab” in Business and Technology University (BTU)

Sep 24, 2018

forbes.ge

A Bitfury laboratory equipped with the most modern equipment and technologies was opened at the Business and Technology University (BTU) last Friday (21.09.18, Tbilisi Georgia) in cooperation with Bitfury Group. The laboratory offers the students an opportunity to train in and study blockchain development. In addition, workshops and seminars will be held in the new space. Cooperation between Bitfury Group and Business and Technology University (BTU) began early this year after signing Memorandum of Understanding (MOU).

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Bitfury Reveals New Generation of Bitcoin ASIC Chips

Bitfury Reveals New Generation of Bitcoin ASIC Chips

Sep 20, 2018

www.coindesk.com

Bitfury Group has developed a new, more efficient bitcoin mining chip, the firm announced Wednesday. The new chip, according to the firm, is customized for the SHA256 algorithm, boasts power efficiency up to 55 mW/GH and a hashrate up to 120 GH/s. It has 8,154 rolled hashing cores, fully integrated controllable clock generation and an integrated power-on-reset circuit.

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Moving To Marrakesh: Why The Blockchain Summit At Richard Branson's Private Island Moved To Africa

Moving To Marrakesh: Why The Blockchain Summit At Richard Branson's Private Island Moved To Africa

Jul 10, 2018

www.forbes.com

In the aftermath of Hurricane Irma, the leaders behind the Blockchain Summit, normally hosted at Richard Branson's own personal Necker Island, saw an opportunity. The Category 5 storm that destroyed the retreat and thousands of private residences last year forced the event's cohosts to reevaluate its setting, and they wanted to do so with a sense of purpose.

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Quick Brew? Bitfury's Coffee Machine Accepts Bitcoin Via Lightning Network

Quick Brew? Bitfury's Coffee Machine Accepts Bitcoin Via Lightning Network

Sep 20, 2018

www.coindesk.com

Blockchain firm Bitfury has come up with a novel product aimed at making it easier to pay for products with bitcoin. A specialized engineering team within the company has developed a coffee vending machine capable of connecting to the Lightning Network, a second-layer transaction protocol designed to make bitcoin more scalable by processing transactions off the main bitcoin blockchain.

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Sir Richard Branson Literally Stands Up During Blockchain Summit To End Single-Use Plastics

Sir Richard Branson Literally Stands Up During Blockchain Summit To End Single-Use Plastics

Jul 10, 2018

www.forbes.com

Billionaire entrepreneur Richard Branson literally stood up today at his resort in Marrakesh, Morocco, and committed his Virgin companies to ending the use of single-use plastic. Like a set of dominoes in reverse, the audience, comprising about 30 blockchain entrepreneurs, a senior-level government official, retired regulators and more, stood up beside him and in front of him. Branson was speaking on a panel called “Saving the Planet (A Bit at a Time)" during Bitfury's annual Blockchain Summit.

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Don't Be Discouraged: There Are Opportunities For Women In Crypto

Don't Be Discouraged: There Are Opportunities For Women In Crypto

Jul 17, 2018

www.forbes.com

It’s no secret that women are underrepresented in the crypto world. While women in the space may disagree on whether the topic is worthy of discussion or not, one thing is clear. They’re not going to sit in the sidelines while their male counterparts ride the blockchain wave. Featuring Rachel Pipan, Senior Communications Manager for the Bitfury Group.

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Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

Sep 20, 2018

www.coindesk.com

Despite the downturn in the crypto markets so far in 2018, executives from several bitcoin mining firms have said this scenario has been seen before and they are not deterred by current low prices. The Bitfury exec also commented that the mining industry shouldn't be "overly concerned" that traditional chip makers such as Intel and NVIDIA have now entered the space. The design requirements for traditional chips are very different from those needed for crypto, he said, and in fact that provides the industry a special advantage.

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Bermuda’s Land Registry to Go on Blockchain

Bermuda’s Land Registry to Go on Blockchain

Jun 28, 2018

www.royalgazette.com

The Bermuda Government has signed an agreement with the Bitfury Group to add blockchain technology to the island’s land registry system. In a statement it said the memorandum of understanding “advances Bermuda’s mission to improve government services for citizens by implementing blockchain-based solutions”.

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Crypto Miner Bitfury Is Using Magic Baths to Keep Machines Cool

Crypto Miner Bitfury Is Using Magic Baths to Keep Machines Cool

Sep 05, 2018

www.bloomberg.com

Cryptocurrency miners have tried just about everything to keep their super-fast machines cool. They’ve moved them to Siberia and submerged them in vats of oil. One startup buried its mining rigs in a chilly Soviet-era bunker beneath the Eurasian steppe. But even by crypto industry standards, the 40 megawatt plant Bitfury built in Georgia’s capital of Tbilisi is exotic. It submerges the computers in a non-conductive liquid to keep them chilled as they make millions of calculations a second.

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PC Mag: Bitfury Opens New UAE Office

PC Mag: Bitfury Opens New UAE Office

Jun 25, 2018

me.pcmag.com

The Bitfury Group has opened a new office in Dubai, officially expanding their operations into the UAE, underscoring their commitment to building blockchain-based solutions for governments, companies, and institutions across the region. This expansion also speaks to a growing interesting in blockchain technology in the region. Companies in the UAE are working every day to improve the systems and services that they provide to people.

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